Connect to today’s credit, economy and business finance news from Charter Capital. Get breaking news, updates and reporting on industry news providing small businesses with up-to-date financial information and resources.
New Home Sales Hit Record Low
New home sales fell to the lowest record on level in February, as fierce snowstorms kept buyers on the sidelines. The Commerce Department said sales of new homes fell 2.2% to a seasonally adjusted annual sales pace of 308,000. It was the fourth straight monthly decline and the worst showing on records dating to 1963. January's results were upwardly revised to a pace of 315,000. Sales tanked in regions of the country that were impacted by blizzards. In the Northeast, sales plunged 20% from a month earlier, while sales fell 18% in the Midwest and 5% in the South. Sales grew 21% in the West. On the bright side, the median sales price for a new home increased to $220,500, up more than 5% from a year earlier and up about 6% from January. Although housing sales were weak during the winter, analysts are hopeful that a tax credit for home buyers will boost sales before the deadline expires on April 30.
Return to:
Credit, Economy and Business Finance News
Date Last Updated: 03/25/2010
News Feeds
-Charter Capital Factoring Blog on MerchantCircle
- Factoring Accounts Receivable Blog
- Factoring My Invoices Blog
- Small Business and Invoice Factoring News Blog
- Small Business Factoring and Financial News Blog
- Invoice Factoring and Accounts Receivable Financing Blog
- Accounts Receivables Factoring Blog
- Factoring and Finance Blog for Business
|
 |
|
|
|
|
|
|
|
|
|
Charter Capital services many industries. Here are just a few of the industries for which we are currently providing business financing:
Trucking and Freight
It has never been easier for trucking companies and freight brokers to get financing with Freight Factoring from Charter Capital. We purchase your Freight Invoices
and fund you within 24 hours, so you don't have to wait to get paid.
Staffing Firms
We can help you grow your staffing business with unlimited payroll funding, whether you're a start up or a multi-million dollar temp-staffing agency. Our clients provide staffing for various industries including Professional, Office Services, Medical, and Manufacturing.
Security Firms
Demand for security services in the USA is on the rise. Be financially prepared to gain your share with a FactorLine business financing facility only from Charter Capital.
Manufacturing
If your business is a manufacturing plant, distributor, packaging company, or any business that invoices to credit worthy customers, then a FactorLine financing facility from Charter Capital can accommodate the working capital funding needs of both new
manufacturing businesses as well as those that have been around for years.
Technology Staffing Firms
Service providers such as technology consulting businesses and staffing firms are great candidates for our FactorLine accounts receivable financing service, enabling you to increase your cash flow without the need for bank loans. We are always adding new industries and will consider factoring service providers in any industry.
|
|
|
|
